You need to have a Pokemon with move SURF and DIVE to do this... First SURF to Route 108 (between Dewford Town and Slateport City) 'til you find an Abandoned Ship and enter it... Next go to the cabin inside the ship where there is a deep part of water, use DIVE and move underwater 'til you find a shiny part in there then move up... There you will see six cabins... One of the cabins has Luxury Ball...
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The sunken SHip, or the Quiz Lady, or the Pokemon Lottery.
Apparently the prize for winning a Contest is a Luxury Ball; however, my source states that you must have won this Contest at least once before to earn the prize.
Give a Pokemon in Pokemon Emerald, Sapphire, or Ruby a luxury ball to hold and trade to Fire Red. You can get extra luxury balls by winning a master rank contest after your Pokemon already has the ribbon. There is also one luxury ball in the abandoned ship, but you need dive. As far as I know, you cant get the luxery bal without tradeing with the other games I listed, or trade with someone who already has luxury balls. -BubbaJ
you cant get a timer ball in emerald
in the abandon ship and is awarded to you if win a Master Rank Contest for the second time.